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Altair Engineering Inc. (ALTR)

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95.22 -1.15 (-1.19%)
At close: June 21 at 4:00 PM EDT
95.22 0.00 (0.00%)
After hours: June 21 at 4:57 PM EDT
Loading Chart for ALTR
DELL
  • Previous Close 96.37
  • Open 96.49
  • Bid 69.12 x 200
  • Ask 120.69 x 200
  • Day's Range 93.98 - 96.96
  • 52 Week Range 57.59 - 100.79
  • Volume 6,538,985
  • Avg. Volume 565,270
  • Market Cap (intraday) 7.906B
  • Beta (5Y Monthly) 1.46
  • PE Ratio (TTM) 865.64
  • EPS (TTM) 0.11
  • Earnings Date Aug 1, 2024 - Aug 5, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 94.00

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

www.altair.com

3,400

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ALTR

Performance Overview: ALTR

Trailing total returns as of 6/21/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ALTR
13.16%
S&P 500
14.57%

1-Year Return

ALTR
28.71%
S&P 500
24.52%

3-Year Return

ALTR
48.13%
S&P 500
31.16%

5-Year Return

ALTR
138.41%
S&P 500
84.98%

Compare To: ALTR

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Statistics: ALTR

Valuation Measures

Annual
As of 6/21/2024
  • Market Cap

    7.91B

  • Enterprise Value

    7.69B

  • Trailing P/E

    865.55

  • Forward P/E

    75.76

  • PEG Ratio (5yr expected)

    6.30

  • Price/Sales (ttm)

    12.75

  • Price/Book (mrq)

    10.36

  • Enterprise Value/Revenue

    12.41

  • Enterprise Value/EBITDA

    104.13

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    1.55%

  • Return on Assets (ttm)

    0.71%

  • Return on Equity (ttm)

    1.40%

  • Revenue (ttm)

    619.58M

  • Net Income Avi to Common (ttm)

    9.58M

  • Diluted EPS (ttm)

    0.11

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    557.6M

  • Total Debt/Equity (mrq)

    44.39%

  • Levered Free Cash Flow (ttm)

    109.26M

Research Analysis: ALTR

Company Insights: ALTR

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